Connecticut is in an unfamiliar situation, well-funded from a budget surplus and in a position to cut taxes. But the cost of living remains stubbornly high, despite welcome changes after years of deficits.
That is unlikely to change. Detractors may take a different view, but Connecticut is expensive because the location is in demand. Fixed asset tax is also a problem, but there is a problem of property value more than that. Nothing changes that people want to live here, especially in the southwest corner of the state.